The new tax law has a special calculation based on 20 percent of business income, with some limitations. Now is the time to structure out the limitations.
Opportunity Zone Fund’s and New Markets Tax Credit’s Impact on Construction Contractors
Both programs provide incentives for investors to deploy capital in low-income communities by providing federal income tax benefits that can help lower the cost of capital for for-profit businesses, non-profit organizations and developers in need of funding for projects.
How Contractors Can Take Advantage of the Research and Experimentation Tax Credit
The R&E tax credit is a federal tax credit for the development or improvement of products, processes, formulas, techniques, inventions and software. Changes to the tax code opened this credit up to a wide variety of industries, including construction.
How Contractors Can Start Taking Advantage of Tax Reform
As the corporate tax deadline for returns on extensions comes and goes, some contractors can start to take advantage of recent changes to the tax codes.
Six Tax and Surety Considerations for the New Lease Accounting Standard
Contractors should discuss how changing accounting methods, tax planning and complying with the lease accounting standard will impact current and future surety agreements and debt covenants.
Implications of the Tax Cuts and Jobs Act on Construction Contractors
The tax reform measure that closed out 2017 resulted in the most comprehensive update to the Internal Revenue Code in more than 30 years. Here's an overview of the tax incentives impacting construction businesses.
LLC Versus Corporation: The Best Foundation for Your Construction Business
New tax cuts for corporations and LLCs make both business types attractive. Here's how to decide which one is best for your business.
New Tax Provisions Will Save Contractors Money
Many of the provisions in the recently passed Tax Cuts and Jobs Act will save contractors money, as well as provide some great opportunities to accelerate deductions and defer taxes to later years.







